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Featured local agent — London Mills, IL
Sarah Mitchell
Compass Real Estate · London Mills, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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London Mills, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$78,500median sale price
How is the London Mills, IL housing market right now?
The median home sale price in London Mills, IL is $78,500. Homes sell in an average of 73 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of December 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is London Mills a buyer's or seller's market?
London Mills, IL is currently a balanced market and homes selling in about 73 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
73
Average pace
Active listings
—
Sale-to-list
104.7%
Above asking
What does the London Mills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $78,500 |
| Average days on market | 73 days |
| Sale-to-list price ratio | 104.7% |
| Median price per sq ft | $91/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in London Mills by property type?
How the London Mills, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $78,500 | $91/sq ft | 1 | 73 days |
Source: Redfin · Updated monthly
The London Mills housing market is currently classified as a balanced market with a median sale price of $78,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 73 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in London Mills
Explore homes currently listed for sale in London Mills, Illinois across major real estate platforms.
Who lives in London Mills?
Population
356
Median income
$52,656/yr
Median age
40.8 years
Owner-occupied
77.6%
College grads
9.6%
Avg commute
25.4 min
Source: U.S. Census Bureau ACS
What is it like to live in London Mills?
London Mills is a community of approximately 0K residents with a median age of 40.8 years.The median household income is $52,656, which represents a working-class community with solid middle-income opportunities. 9.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, London Mills offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve London Mills?
3 schools tracked · 250 students
The largest public schools serving London Mills, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Spoon River Valley Elem School
Grades PK-5 · 142 students
Spoon River Valley Sr High Sch
Grades 9-12 · 63 students
Spoon River Valley Jr High Sch
Grades 6-8 · 45 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near London Mills, IL?
Want a head-to-head view? Compare London Mills side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in London Mills?
The median home sale price in London Mills is $78,500, down 0.0% from last year.
How long do homes stay on market in London Mills?
Homes typically spend 73 days on market before going under contract.
What is the median income in London Mills?
The median household income is $52,656 per year.
How much does a single-family home cost in London Mills?
The median single-family home price in London Mills, IL is $78,500 (about $91 per square foot).
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